Peter Kaliaropou­los picked as CEO of Zain Saudi Ara­bia

Kuwait Times - - BUSINESS -

RIYADH: Zain Saudi Ara­bia an­nounces the ap­point­ment of tele­com stal­wart Peter Kaliaropou­los as CEO of Zain Saudi Ara­bia (Zain KSA), ef­fec­tive Jan­uary 1, 2017. Peter joins the com­pany to con­tinue the healthy foun­da­tion of trans­for­ma­tion and growth achieved over the past three years by Has­san Kab­bani, who has de­cided to step down from his post for per­sonal rea­sons, ef­fec­tive 31st De­cem­ber 2016.

An Aus­tralian na­tional, Kaliaropou­los joins Zain Saudi Ara­bia as a highly-ac­com­plished tele­com pro­fes­sional hav­ing en­joyed over 30 years of ex­pe­ri­ence in the in­ter­na­tional ICT sec­tor, and play­ing a key role in the trans­for­ma­tion and growth of a num­ber of com­pa­nies op­er­at­ing across the Asia-Pa­cific and Mid­dle East re­gions. In his most re­cent role, Kaliaropou­los was the GM

Peter Kaliaropou­los

of ‘touch’ Le­banon un­til June 2016, the coun­try’s lead­ing op­er­a­tor that Zain man­ages on be­half of the Le­banon Tele­com Min­istry and then took on the role as an ad­vi­sor to the ‘touch’ Chair­man and Vice Chair­man of Zain Group, Mr Bader Al Kharafi.

In his var­ied roles over the years, Mr. Kaliaropou­los has been re­spon­si­ble for driv­ing cus­tomer-cen­tric op­er­at­ing cul­tures, op­ti­miza­tion of pro­duc­tiv­ity lev­els and im­ple­ment­ing growth strate­gies. He has also served as a Di­rec­tor on the Board of var­i­ous tech­nol­ogy and telecom­mu­ni­ca­tion com­pa­nies in Sin­ga­pore, In­dia, USA, Aus­tralia, New Zealand and the Mid­dle East.

His High­ness Prince Naif bin Sul­tan bin Mo­hammed bin Saud Al Kabeer, Chair­man of the Board of Di­rec­tors of Zain Saudi Ara­bia said, “Peter Kaliaropou­los joins Zain Saudi Ara­bia at an im­por­tant stage of the com­pany’s evo­lu­tion and we have the ut­most con­fi­dence he has the right lead­er­ship qual­i­ties to take the op­er­a­tion to next phase of growth, build­ing upon the many achieve­ments ac­com­plished by Has­san Kab­bani dur­ing his ten­ure.”

HH the Chair­man noted, “In re­cent years Zain Saudi Ara­bia has wit­nessed many high­lights, no­tably the Com­pany’s re­cent High Or­der grant­ing of a 15 year li­cense ex­ten­sion as well as a univer­sal li­cense to pro­vide all telecom­mu­ni­ca­tion ser­vices, in­clud­ing fixed ser­vices. The High Or­der also granted Zain Saudi Ara­bia the op­por­tu­nity to co­or­di­nate with the Min­istry of Fi­nance to dis­cuss al­ter­na­tives re­gard­ing the amounts due to the gov­ern­ment. In ad­di­tion, the re­duc­tion by the CITC to re­duce Mo­bile Ter­mi­na­tion Rates (MTRs) will all sup­port the fi­nan­cial and fu­ture pros­per­ity of the com­pany.” Fur­ther­more HH the Chair­man added, “The com­pany’s trans­for­ma­tion plan and con­tin­u­ous in­vest­ment in 4G LTE net­work up­grades and ex­pan­sion com­bined with nu­mer­ous data mon­e­ti­za­tion ini­tia­tives has re­sulted in the record­ing of im­pres­sive rev­enue growth and be­ing EBITDA pos­i­tive.”

HH the Chair­man con­cluded by say­ing, “I am con­fi­dent that Zain Saudi Ara­bia will en­ter a new and pros­per­ous era, play­ing a key role in the growth of the telecom­mu­ni­ca­tions sec­tor and the eco­nomic and so­cial de­vel­op­ment of the King­dom. As the coun­try evolves, we have an im­por­tant role to play in the trans­for­ma­tion of the King­dom to­wards a dig­i­tally en­abled and di­ver­si­fied econ­omy. On be­half of the Board of Di­rec­tors I would like to thank Mr. Kab­bani for his suc­cess in man­ag­ing the trans­for­ma­tion of Zain Saudi Ara­bia. We all wish him well in his fu­ture en­deav­ors.”

Scott Ge­gen­heimer, CEO of Zain Group noted, “I would also like to ex­press my pro­found grat­i­tude to Has­san Kab­bani’s ef­forts in the suc­cess­ful trans­for­ma­tion of Zain Saudi Ara­bia over the past three years, ful­fill­ing the mis­sion that was set when he joined. With Peter Kaliaropou­los’ vast and im­pres­sive ex­pe­ri­ence in tech­nol­ogy and man­age­ment over the past 30 years, and the com­pelling sup­port of Zain Group’s re­sources in all facets of the busi­ness, we are con­fi­dent that he will build on the solid foun­da­tions laid by his pre­de­ces­sor and will bring new in­no­va­tion and take full ad­van­tage of the dig­i­tal growth op­por­tu­ni­ties in the King­dom.” Peter Kaliaropou­los has a Bach­e­lor of En­gi­neer­ing (Elec­tri­cal) from the Uni­ver­sity of NSW (Syd­ney, Aus­tralia) and has a Master of Busi­ness Ad­min­is­tra­tion, from Mac­quarie Uni­ver­sity (Syd­ney).

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